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 Australian Dollar Drops To 3-week Low Against Canadian Dollar

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Australian Dollar Drops To 3-week Low Against Canadian Dollar Empty
PostSubject: Australian Dollar Drops To 3-week Low Against Canadian Dollar   Australian Dollar Drops To 3-week Low Against Canadian Dollar Icon_minitimeTue Feb 21, 2012 2:34 pm

Australian Dollar Drops To 3-week Low Against Canadian Dollar




The Australian dollar reached 1.0640 against its Canadian counterpart on Tuesday morning in Asia, its lowest level since February 1. The aussie-loonie pair thus moved below its 30-day simple moving average level and its next downside target could be around the 1.0620/25 level.


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